Representatives of the Hong Kong index are speaking to RQFII,QFII and QDII licence holders about possible products linked to its cross-border index, set for launch on July 22.
The CSRC is proposing a raft of liberalisations to broaden its QDII programme, potentially presenting new sub-advisory opportunities for foreign fund houses.
Countdown to joining the MSCI: CSRC boss Guo Shuqing's call for a ramp-up of QFII and RQFII and giving retail investors daily liquidity may be a precursor to a landmark internationalisation of Chinese markets.